DESIREIAS QUIZ

01 October 2018 Daily MCQ – Based on The HINDU Newspaper

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01 October 2018 Daily MCQ – Based on The HINDU Newspaper

Q-1 Consider the following statements

1-The Pir Panjal Range is a group of mountains in the Inner Himalayan region, running from east-southeast (ESE) to west-northwest (WNW) across the Indian states of Himachal Pradesh and Jammu and Kashmir

2-Pir Panjal is the Smallest range of the lower Himalayas.
3-The hill station of Gulmarg in Kashmir lies in this range
Select the correct answer using the code given below:
A-1,2
B-1,3
C-2,3
D-all of the above

Ans-B
Exp-

• The Pir Panjal Range is a group of mountains in the Inner Himalayan region, running from east-southeast (ESE) to west-northwest (WNW) across the Indian states of Himachal Pradesh and Jammu and Kashmir
• The Himalayas show a gradual elevation towards the Dhauldhar and Pir Panjal ranges. Pir Panjal is the largest range of the lower Himalayas.
• Near the bank of the Sutlej river, it dissociates itself from the Himalayas and forms a divide between the rivers Beas and Ravi on one side and the Chenab on the other.
• The famous Galyat mountains are also located in this range.
• The hill station of Gulmarg in Kashmir lies in this range

MCQ Source – 1st Oct 2018 , The Hindu Newspaper, Front page,Topic-Pir Panjal Valley’s Poonch India chases away Pakistan copter breaching airspace

Q-2 Consider the following statements
1-Simlipal National Park is a national park and a tiger reserve in Odisha state
2-It is the second largest national park in India
3-This reserve is part of the UNESCO World Network of Biosphere Reserves

Select the correct answer using the code given below:
A- only 1
B- only 1,2
C- only 1,3
D-All of the above
Ans-D

• Simlipal National Park is a national park and a tiger reserve in Odisha state
• It is part of the Similipal-Kuldiha-Hadgarh Elephant Reserve popularly known as Mayurbhanj Elephant Reserve, which includes three protected areas Similipal Tiger Reserve ), Hadgarh Wildlife Sanctuary and Kuldiha Wildlife Sanctuary

• National Park derives its name from the abundance of semul (red silk cotton trees) that bloom here
• It is the second largest national park in India

• has some beautiful waterfalls like Joranda and Barehipani. Simlipal is home to 99 royal Bengal tigers and 432 wild elephants.
• Besides Simlipal is famous for gaurs (Indian bison), chausingha, as well as an orchidarium

• This reserve is part of the UNESCO World Network of Biosphere Reserves since 2009.

MCQ Source – 1st Oct 2018 , The Hindu Newspaper ,Page-3,Topic-Tiger presence in 3 more Odisha forests

Q-3 Consider the following statements

1-The Sukhoi Su-30MKI is a Twin engine multi role air Fighter Jet
2-It developed by Russia’s and built under licence by India’s Hindustan Aeronautics Limited (HAL) for the Indian Air Force(IAF).
3- A variant of the Sukhoi Su-30, it is a heavy, all-weather, long-range fighter.

Select the correct answer using the code given below:
A-1,2
B-1,3
C-2,3
D-All of the above

Ans-D
All Statements are correct

MCQ Source – 1st Oct 2018 , The Hindu Newspaper ,Page-5, Topic- All help to raise HAL output

Q-4 Recently Mansar Lake was in news , it belongs to which state ?
A- Himachal Pardesh
B- J & K
C- Uttrakhand
D- None of the Above

Ans-B
Exp- One of the largest freshwater lakes in the Shivalik range of the Jammu region,

MCQ Source – 1st Oct 2018 , The Hindu Newspaper ,,Page-6 Topic – a figure on this

 

Q-5 Consider the following statements
1-Minimum Support Prices (MSP) is the price at which government purchases crops from the farmers irrespective of the market price
2-Government fixes MSPs of various kharif and rabi crops every year on the recommendations of Commission for Agricultural Costs & Prices (CACP), views of concerned State Governments and Central Ministries/Departments and other relevant factors.
3-MSP is announced for 26 crops
4- No MSP for Sugarcane. Instead government fixes FRP (Fair & Remunerative Price) for sugarcane. Each state then fixes its own SAP(State Advised Price)

Select the correct answer using the code given below:
A-1,2,3
B-1,3,4
C-1,2,4
D-All of the above

Ans-C
Exp-
• Minimum Support Prices is the price at which government purchases crops from the farmers irrespective of the market price. The objective of the scheme is to check fall of prices of farm produce below certain level and thus support the farmers.

• Government fixes MSPs of various kharif and rabi crops every year on the recommendations of Commission for Agricultural Costs & Prices (CACP), views of concerned State Governments and Central Ministries/Departments and other relevant factors

• This scheme started in 1966-67 on advent of green revolution
• MSP is announced for 25 crops
• No MSP for Sugarcane. Instead government fixes FRP (Fair & Remunerative Price) for sugarcane. Each state then fixes its own SAP(State Advised Price)
• For Oil seeds and Pulses, there is a Price Support Scheme by NAFED (nodal Agency). So, when the prices of oilseeds, pulses and cotton fall below MSP, NAFED purchases them from the farmers.

MCQ Source – 1st Oct 2018 , The Hindu Newspaper ,page-7 ,Topic-Punjab to post nodal officers to curb stubble burning

Q-6 Consider the following statements

1- Monetary Policy Committee (MPC) was mooted by the Urjit Patel committee.
2-Governor enjoyed a veto power to overrule the other panel members

Select the correct answer using the code given below:
A- Only 1
B- Only 2
C- Both are Correct
D- None of the Above

MCQ Source – 1st Oct 2018 , The Hindu Newspaper ,Page-8, Topic- Tricky call ahead

Ans-A
Exp-

Monetary Policy Committee?–>It is the committee which will decide India’s Monetary Policy.
• The formation of the monetary policy committee was mooted by the Urjit Patel committee.
• The committee suggested that monetary policy be rule-based and not discretion-based. The final decision on monetary policy should not lie with the RBI governor alone but on a group of people.
• Targeting inflation is to be the core objective of the central bank, and it will be answerable to law-makers if it failed to achieve the target.
Composition of MPCMPC will be a 6 member committee:
• 3 members will be from RBI. These 3 members would include the governor who will also be the ex-officio chairperson of the committee.
• 3 members will be appointed by the central govt. These members should be experts in the field of finance or banking or economics or monetary policy. They will have a tenure of 4 years and will not be eligible for reappointment.
• The members appointed by the govt. will be appointed based on the recommendations by the search-cum-selection committee which will be headed by the cabinet secretary.
• Decisions will be taken by majority vote with each member having a vote
• The governor will not enjoy a veto power to overrule the other panel members, but will have a casting vote in case of a tie.
• No government official will be nominated to the MPC
MPC will meet four times in 1 year and will announce its decisions publicly after each meeting. MPC replaces previous arrangement where RBI Governor along with a Technical Advisory Committee (TAC) taking decisions on monetary policy including setting interest rates. In the previous arrangement TAC was only having advisory functions and the RBI Governor enjoyed veto power over the committee in setting interest rates.

Q-7 Consider the following statements

1-Recently MUDRA Report Said that Tamil Nadu state got 10% of total sanction loans in MUDRA Scheme
2- In Shishu Loan category, highest number of amount sanctioned in MUDRA Scheme

Select the correct answer using the code given below:
A- Only 1
B- Only 2
C- Both are Correct
D- None of the Above

Ans-C

MCQ Source – 1st Oct 2018 , The Hindu Newspaper, Page-16 ,Topic- ( Top Mudra Report Figure)